This page reflects CRVS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — CRVS
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $14.00 (1.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$3.08
±25.2%
Days to Expiry
29
Calendar days
Total Call OI
7,418
Nearest expiry
Total Put OI
4,831
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$12.19
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$11.00
4/17/2026, 11:08:58 PM
2026-05-15
$16.00
5/15/2026, 11:08:29 PM
2026-06-18NextUpdated
$14.00
5/20/2026, 11:08:25 PM
2026-07-17
$15.00
5/20/2026, 11:08:25 PM
2026-10-16
$16.00
5/20/2026, 11:08:25 PM
2027-01-15
$13.00
5/20/2026, 11:08:25 PM
Selected expiration: 2026-06-18 at max pain $14.00.
CRVS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
6238300
6238300
2
600
5755800
5756400
3
1400
5273300
5274700
4
2400
4790800
4793200
5
3500
4308300
4311800
6
4700
3825800
3830500
8
7100
2860800
2867900
10
9700
1895800
1905500
11
15000
1426100
1441100
12
33000
1008800
1041800
13
199600
656000
855600
14
414800
370200
785000
15
677600
126700
804300
16
995600
70800
1066400
17
1348300
33700
1382000
18
1736400
17000
1753400
19
2175600
600
2176200
20
2718300
500
2718800
21
3381400
400
3381800
22
4083100
300
4083400
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.